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Search Results 0 to 3 of about 4 (some duplicates have been removed)
. >> shepard: secretary of defense leon panetta also warns the cuts with hit the pentagon especially hard. while a great deal of the money would come from military training units 000s of civilians could face big pay cuts and even layoffs. particularly in two states. jennifer griffin at the pentagon for us tonight. >> reporter: iif the deep budgt cuts go into effect in 8 days time the hardest hit states will be california and virginia. 17% of the defense cuts in virginia will likely fall on one community known as hampton roads. in fact, the human impact of the sequester on small businesses in this area, these businesses contract to the navy, it is already being felt. tom taylor owns a ship repair business near norfolk. some of his contracts with the navy are already in jeopardy. >> it is not like turning on a picket. you don't turn it on and turn it off. if it is canceled these things are are months or years in the planning stage. if they are canceled they don't come right back, you know. so that is pretty alarming. >> i want to know when am i looking dark am i getting laid off in march or
hit the pentagon and as you talked about defense secretary leon panetta earlier testifying on benghazi. he also testified about these budget cuts. he said it would have a dramatic impact on the american people and the country's military readiness with all these big threats all around the world, shep. >> shepard: republicans aren't bending either here. >> no, they aren't. they are saying, look, they are not going to swallow more tax increases that the president laid out there a moment ago. and they also said that when you look at the latest fox news poll, take a look at what the american people are saying about how they don't want more tax increases, they want more spending cuts. when asked whether the president -- they agreed with the president saying the government does not have a spending problem, they think it does. 83% say yes, there is a spending problem. only 14% say no. and that's why senate republican leader mitch mcconnell says they are not going to bend on raising taxes. take a listen. >> the american people will not accept another tax increase to put off a spending cut that
Search Results 0 to 3 of about 4 (some duplicates have been removed)